Refer to the Information Provided in Table 19 -Related to the Economics in Practice on Page 393: Refer

question 3

Multiple Choice

Refer to the information provided in Table 19.4 below to answer the question(s) that follow.
Table 19.4
$$\begin{array} { | c | c | } \hline \text { Total Income } & \text { Total Taxes } \\\hline \$ 10,000 & \$ 1,000 \\\hline 20,000 & 2,400 \\\hline 30,000 & 4,500 \\\hline 40,000 & 8,000 \\\hline\end{array}$$
-Related to the Economics in Practice on page 393: Refer to Table 19.4. At an income level of $10,000, the average tax rate is

• A) 1%.
• B) 5%.
• C) 10%.
• D) 20%.